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The Supreme Court has held statutory set off or insolvency set off is not applicable to Corporate Insolvency Resolution Process (“CIRP”) proceedings under the Insolvency and Bankruptcy Code, 2016.

United kingdomJusticesanjiv khannaV vijaykumarv iyerDishnet wirelessDishnet wireless ltdAircel ltdSupreme courtNational company law tribunalNational company law appellate tribunalDepartment of telecommunications doBharti hexacomBharti airtelCorporate insolvency resolution processBankruptcy codeBankruptcy boardLiquidation process